The Nasdaq index sheds 86.79 points (-0.74%) as market bears take the reigns

Friday at a glance: Nasdaq dropped 86.79 points early on and stayed at 11,631.

In the meantime, negative performances are also seen in other markets, CAC lost 1.43% Friday and closed at 7,025.72. Dow Jones is down to 31,862, losing 384.57 points, after ending the previous session around 32,247. After ending Friday's session at 14,967, DAX lost 198.9 points and is trading around 14,768.

The index has been trending lower for about a month. After hitting an important low of 10,200 approximately 2 months ago, the Nasdaq has bounced back 14.73% since.